THE SHOPS AT ARLINGTON VILLAGE

Jo h n D o u b l e d a y / JOHN@SHOPCOMPAN I E S . COM / 214 - 9 60 - 4 8 49

The information contained herein was obtained from sources deemed reliable; however, no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this real estate information is subject to errors; omissions; change of price; prior sale or lease; or withdrawal without notice.

T H E S H O P S A T A R L I N G T O N V I L L A G E S E C O F A I R L I N E R D & M I L T O N W I L S O N B L V D A R L I N G T O N , T E N N E S S E E






PROJECT SCOPE

The Shops at Arlington Village is ground-up grocery anchored

development at the SEC of Airline Rd and Milton Wilson Blvd.

Arlington is located 20 miles northeast of Memphis, and is the

fastest growing city in the Memphis MSA, expanding by more than

350% in the last decade.

The growth is driven by the proximity to Memphis, the quality life

provided by the local school system, parks, trails, sports facilities

and the lowest property taxes in all of Shelby County.

Commuting is made easier by access to Paul Barrett Parkway (385

Loop) which circles the eastern half of the metro area.

The city is home to four schools including Arlington High School,

which is the largest high school in the state of Tennessee (2,500

Students)

TRAFFIC COUNTS

o I-40: 48,000 VPD

o Airline Rd: 29,000 VPD

o Milton Wilson Blvd: 23,000 VPD

AREA ATTRACTIONS



DEMOGRAPHICS 3 mile 5 mile 7 mile

2018 Population 15,993 25,234 49,479

Annual Population Growth 2016-2021 1.15% 1.09% 0.93%

2018 Med. HH Income $100,710 $99,975 $89,491

2018 Med. Home Value $262,545 $279,969 $267,082
















Regulated by the Texas Real Estate Commission Information available at www.trec.texas.gov

IABS 1-0 | 11-2-2015

I N F O R M A T I O N A B O U T B R O K E R A G E S E R V I C E S

T E X A S L A W R E Q U I R E S A L L R E A L E S T A T E L I C E N S E H O L D E R S T O G I V E T H E F O L L O W I N G I N F O R M A T I O N A B O U T B R O K E R A G E S E R V I C E S T O P R O S P E C T I V E B U Y E R S , T E N A N T S , S E L L E R S A N D L A N D L O R D S .

TYPES OF REAL ESTATE LICENSE HOLDERS: • A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker. • A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): • Put the interests of the client above all others, including the broker’s own interests; • Inform the client of any material information about the property or transaction received by the broker; • Answer the client’s questions and present any offer to or counter-offer from the client; and • Treat all parties to a real estate transaction honestly and fairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner’s agent through an agreement with the owner, usually in a written listing to sell or property management agree-ment. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including informa-tion disclosed to the agent or subagent by the buyer or buyer’s agent. AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant’s agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by th e seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker who acts as an intermediary:

• Must treat all parties to the transaction impartially and fairly; • May, with the parties’ written consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction. • Must not, unless specifically authorized in writing to do so by the party, disclose: o that the owner will accept a price less than the written asking price; o that the buyer/tenant will pay a price greater than the price submitted in a written offer; and o any confidential information or any other information that a party specifically instructs the broker in writing not to disclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s duties and responsibilities to you, and your obligations under the representation agreement. • Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.

Licensed Broker/Broker Firm Name License No. Email Phone SHOP COMPANIES 9002835 [email protected] 214.960.4545

Designated Broker of Firm License No. Email Phone RAND HOROWITZ 513705 [email protected] 214.242.5444

Documents

THE SHOPS AT ARLINGTON VILLAGE